I am a student who is pursuing an oversea undergraduate degree.

I am thinking of the possibility of going back to Malaysia to take an internship this summer and sending out cover letters to some companies.

What is the expected salary should I write on the letter?

The companies I am thinking to apply are insurance companies, accouting firms, banks or some other companies related to my major (business degree).

Thank you.

Well, if you're interning, the correct term to use is allowance, instead of salary. And I hear that the common rate for intern's allowance is RM 500 and below. I myself is currently receiving RM 400, but I'm in the engineering field.

Is it a must to include expected allowance? I find it rather rude to actually demand for allowance from companies, since they've been nice enough to provide you with an internship spot. However, I was told that once you're accepted, you have the right to inquire about the amount of allowance you will be receiving.

This post has been edited by LaR_c: Jan 15 2007, 04:46 PM

mine RM12.30 per day....my fren got none for allowance..so...if they ask u to state ur salary expected...put a logical amount...500 or 400 shud be okay..dun put 1k or 2k...haha..u'll scare the person off

You have a business degree, but you did not specify a major, but judging from your post I'm interprating it as an Accounting & Finance one.

I got RM600 from an accounting firm, and thankfully I've learn alot, experiences which include stocktakes(Genki Sushi =P) and field audits.

I do hear that Big 4 gives you mundane tasks as an intern, such as keying in stuff. I did that too where I had my intern, but it wasn't really much just as a time filler, and the fact that it was a small company means that I can easily have a chat with the manager and let him know I'm free for this and that etc.

Frankly, I would have accepted no allowance, owing to the fact that my family is easily able to support me. As such be thankful of what you get. Occasionally I have friends asking how much I get, and depending on the knowledge of the individual on internships, I usually get a correct response of "Wah so high?" or an incorrect one of "Walau so low, paid like dog".

i have to agree. it is rude to demand your allowance. the company accepted you for educational reason, not profesional qualification. you are there to learn not make money. but it is quite inhumane for a company to not provide any allowance at all.

It's true that even if you're an intern, the employer still ask for your expected salary. I was asked during my interview day and again, on the day I signed the offer letter. But I just answered a "reasonable amount" depending on my contributions to the company. Is it a good answer? I was only in Year 1 and yet, I received an appreciation token of RM600/month. Not bad eh?

good dy lor...but some senior from my uni get 1k+ from HSBC for intern...

haha..cant expect more for intern tho..as long as u get experience during ur internship...its all worth it even they dont pay u

rm450 from a company that "always the smarter choice"

Would that be... Maxis? xD
Well one thing for sure is that TM Net can never employ that slogan.

250 from a company that "just shooot"

lol..the counterpart of maxis
if it is tmnet, it would be "tmnet - always no choice". lol

Some company will write the allowance in your offer letter, but after working for few months ( Doing OT also ) , they purposely don't pay u any money.
This is what i heard from senior.

The company is located in MidValley, software development......

BEWARE

speaking of which...practically, the company does reserve the right to determine your salary aka allowance, and they do reserve the right not to pay u, because when u are doing internship, u are utilizing their company resources for your own training. and it's during these time that they do actually monitor your work performance and attitude, so just bear with it and treat it as a stepping stone for your future career. some of the companies to allow themselves to be put as a reference in your job resume too

Did you consider getting an intern oversea? I'm sure you would get a lot of exposure.

Not all companies have allowance for interns.. Take an example MAS, Hotels, Government offices and few others

Maxis is giving RM500. Activate your life.

i was getting rm500 from the No1 mobile operator

My friends got RM1K, at some design company. (Graphic Designers)

That's the highest I ever heard of.

hmmm.. rm300-500 sounds about right but thats for IT interns.

u didn't mention if u were pursuing which degree? best to get an internship which is relevant to your course.

Some companies are paying RM25 per day